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The NIO Inc. ADR (NIO) slipped 0.77% to $34.90 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.22% to 14,746.40 and the Dow Jones Industrial Average falling 0.15% to 33,919.84. This was the ADR's second consecutive day of losses. NIO Inc. ADR closed $32.09 below its 52-week high ($66.99), which the company reached on January 11th.
The ADR underperformed when compared to some of its competitors Tuesday, as Tesla Inc. (TSLA) rose 1.26% to $739.38, Toyota Motor Corp. ADR (7203.TO) rose 2.94% to $181.90, and Ferrari N.V. (RACE) rose 0.72% to $214.71. Trading volume (31.6 M) remained 12.7 million below its 50-day average volume of 44.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 21, 2021.
(END) Dow Jones Newswires
September 21, 2021 17:11 ET (21:11 GMT)
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